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News
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LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.
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LCG, May 29, 2025--The U.S. Energy Information Administration (EIA) released an analysis yesterday showing that the California Independent System Operator (CAISO), the grid operator for most of the state, is increasing its curtailment of the rapidly growing solar- and wind-powered generation facilities in order to balance electricity supply and demand, which is necessary to maintain a stable electric system.
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Industry News
Derivatives Oversight Measure Defeated
LCG, Apr. 11, 2002--A measure that would have required public records and tracking of over-the-counter energy derivatives fell 12 votes short of the necessary 60 in the U.S. Senate, and was withdrawn by its lead sponsor, Sen. Dianne Feinstein (D-Calif.). Responsibility for oversight would have been given to the Commodity Futures Trading Commission. It would also have set capital requirements for online trading exchanges, whose operations would be made open to inspection.Strong opposition to the measure came from financial companies, banks and traders. Treasury Secretary Paul O'Neill and Federal Reserve Chairman Alan Greenspan have said that the regulation would provide no additional necessary regulatory oversight, and would create counterproductive legal complications within the derivatives market.A former chairman of investment bank Goldman Sachs Group Inc., Sen. Jon Corzine (D-N.J.), spoke in favor, saying the amendment "brings forward fairly simple and straightforward oversight functions." Goldman Sachs itself expressed the opinion that more work was needed before enacting a similar porposal.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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